Mercantilism is the economic system established between a colony and a colonial power, where the natural resources found in the colony are used in the mother country to produce complex goods. An example of this would be how a colony would be advised not to create oil refineries to refine the oil into gasoline. This would mean that gasoline, the product of refined oil, would be imported to the colony once refined elsewhere. Thus, they would depend on foreign economic activity to meet local needs.
The tendency to exaggerate the correctness or accuracy of our beliefs and predictions is called.
Knowing the past inclination is a mental peculiarity that permits individuals to persuade themselves after an occasion that they precisely anticipated it before it worked out. This can lead individuals to presume that they can precisely foresee different occasions.
Knowing the past predisposition is concentrated on social financial matters since it is a typical falling flat of individual financial backers.
It makes overconfident in one's capacity to foresee other future occasions and may prompt pointless dangers.
"Man has lost the capacity to foresee and to forestall, he will end by destroying the world." (Albert Schweitzer)
to learn more about individuals
brainly.com/question/10140999
#SPJ4
In terms of social influences, word-of-mouth has more credibility, but advertising has more <u>reach</u>.
<h3>What is advertising?</h3>
Advertising can be defined as the process of creating product or brand awareness so as to reach the target audience or to generate more sales.
Advertising can tend to reach large number of people especially if media is use for the advertisement, while on the other hand word of mouth has more credibility and reliable compare to advertising based on the fact that you word of mouth is a verbal communication from one person to another person.
Learn more about advertising here:brainly.com/question/1658517
#SPJ1
The answer is C.the internet
hope this helps...
Answer:c
Explanation:
if you do but stuff then put your hand up
